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Did Goldman rig the crash?

 
Ahim-sa
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User ID: 963872
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05/07/2010 11:45 PM
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Did Goldman rig the crash?
Markets were roiled further on Thursday, when the U.S. stock market suddenly lost 999 points, and just as suddenly recovered two-thirds of that loss. It appeared to be such a clear case of tampering that Maria Bartiromo blurted out on CNBC, "That is ridiculous. This really sounds like market manipulation to me."

Manipulation by whom? Markets can be rigged with computers using high-frequency trading programs(HFT), which now compose 70% of market trading; and Goldman Sachs is the undisputed leader in this new gaming technique. Matt Taibbi maintains that Goldman Sachs has been "engineering every market manipulation since the Great Depression." When Goldman does not get its way, it is in a position to throw a tantrum and crash the market. It can do this with automated market making technologies like the one invented by < [link to www.webofdebt.com] Keiser, which he claims is now being used to turbocharge market manipulation.

Goldman was an investment firm until September 2008, when it became a "bank holding company" overnight in order to capitalize on the bank bailout, including borrowing virtually interest-free from the Federal Reserve and other banks. In January, when President Obama backed Paul Volcker in his plan to reinstate a form of the Glass-Steagall Act that would separate investment banking from commercial banking, the market collapsed on cue, and the Volcker Rule faded from the headlines.


[link to www.rense.com]
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Anonymous Coward
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05/07/2010 11:54 PM
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Re: Did Goldman rig the crash?
If so the US Gov should suicide one or two of those ....
Anonymous Coward
User ID: 776788
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05/08/2010 12:07 AM
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Re: Did Goldman rig the crash?
They should lock Goldman up with Bernie Madoff. He is nothing but a crook.
Ahim-sa (OP)

User ID: 963872
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05/08/2010 12:15 AM
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Re: Did Goldman rig the crash?
They should lock Goldman up with Bernie Madoff. He is nothing but a crook.
 Quoting: Anonymous Coward 776788


Yeah, bet they'd have lots of great sachs in there.


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Ahim-sa (OP)

User ID: 963872
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05/08/2010 02:26 AM
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Re: Did Goldman rig the crash?
2BuMp
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Butterfly girl

User ID: 865359
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05/08/2010 02:26 AM

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Re: Did Goldman rig the crash?
I think Zero Hedge would agree with that assumption
To everything there is a season, and a time to every purpose under heaven... A time to weep, and a time to laugh; a time to mourn, and a time to dance....
Anonymous Coward
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05/08/2010 02:38 AM
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Re: Did Goldman rig the crash?
Did Goldman rig the crash?

=====

Did Goldman crash the rig?
Ahim-sa (OP)

User ID: 963872
United States
05/08/2010 03:02 AM
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Re: Did Goldman rig the crash?
Did Goldman rig the crash?

=====

Did Goldman crash the rig?
 Quoting: Anonymous Coward 618285



goodevil


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Ahim-sa (OP)

User ID: 963872
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05/08/2010 11:09 AM
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Re: Did Goldman rig the crash?
who cares?
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Anonymous Coward
User ID: 964516
Switzerland
05/08/2010 11:12 AM
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Re: Did Goldman rig the crash?
obama's cabinet is filled with goldman sachs people.
bercrappy and summner is also goldman...
Anonymous Coward
User ID: 964527
Canada
05/08/2010 11:25 AM
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Re: Did Goldman rig the crash?
Markets were roiled further on Thursday, when the U.S. stock market suddenly lost 999 points, and just as suddenly recovered two-thirds of that loss. It appeared to be such a clear case of tampering that Maria Bartiromo blurted out on CNBC, "That is ridiculous. This really sounds like market manipulation to me."

Manipulation by whom? Markets can be rigged with computers using high-frequency trading programs(HFT), which now compose 70% of market trading; and Goldman Sachs is the undisputed leader in this new gaming technique. Matt Taibbi maintains that Goldman Sachs has been "engineering every market manipulation since the Great Depression." When Goldman does not get its way, it is in a position to throw a tantrum and crash the market. It can do this with automated market making technologies like the one invented by < [link to www.webofdebt.com] Keiser, which he claims is now being used to turbocharge market manipulation.

Goldman was an investment firm until September 2008, when it became a "bank holding company" overnight in order to capitalize on the bank bailout, including borrowing virtually interest-free from the Federal Reserve and other banks. In January, when President Obama backed Paul Volcker in his plan to reinstate a form of the Glass-Steagall Act that would separate investment banking from commercial banking, the market collapsed on cue, and the Volcker Rule faded from the headlines.


[link to www.rense.com]
 Quoting: Ahim-sa



It was a sign!

What's 999 when you are standing on the other side of the world?

666

The evil one walks in China!

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